What is next move?Silver is on support. Bullish trendline and bull flag is signs of continuation of bull trend. But, market is betting on 1 FED cut rate and its can move silver lower. Trade safe. Good luck.by rezamousavi229
Silver forming Bullish Engulfing Candle, May close above 9 SMATVC:SILVER - Silver is in an upward trend - On the daily it is forming a bullish engulfing candle - It is poised to close above the 9 SMA on the daily - If after Fed minutes it holds above 9 SMA and completes bullish engulfing candle I would have a near term price target between $34 and $36 per ounceLongby Droopington1
Buy OpportunityBuy Opportunity: The pair presents an enticing buy opportunity at the current price of 29.342, with favorable potential for profit. Targets: Primary Target: 30.444 Secondary Target: 31.535 Breakout Scenario: In the event of a breach above the Support level of 28.940, indicative of a bearish breakout, the target price is anticipated to ascend towards 28.000. Technical analysis indicates a notable buying sentiment prevailing in the market at the present price level. Fundamental factors align with the proposed buy strategy, suggesting upward pressure on the Silver pair. Prudent risk management measures should be employed to mitigate exposure to potential adverse market movements. Disclaimer: This analysis is provided based on current market conditions and historical price data. Traders are advised to conduct independent research and exercise caution, employing appropriate risk management techniques, before executing any trading decisions.Longby GODOCM3
Falling towards pullback support, could it bounce?The Silver (XAG/USD) is falling towards the pivot and could potentially bounce to the 1st resistance. Pivot: 28.83 1st Support: 27.70 1st Resistance: 30.08 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Longby ICmarkets8
SILVER BULLS ARE STRONG HERE|LONG Hello,Friends! SILVER pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 12H timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 31.799 area. ✅LIKE AND COMMENT MY IDEAS✅Longby EliteTradingSignalsUpdated 1115
Unveiling the Path: Silver's Journey to $32.7Hello Traders In This Chart XAGUSD HOURLY Forex Forecast By FOREX PLANET today XAGUSD analysis 👆 🟢This Chart includes_ (XAGUSD market update) 🟢What is The Next Opportunity on XAGUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartsLongby ForexMasters2000Updated 17
Silver Rebounds: Key Support and Retracements in FocusThe price of silver has significantly retreated from its highs. On larger timeframes, strong hidden bullish divergences are currently visible. Additionally, the price of silver is in an important support area formed by volume. Slightly below are the 0.5% and 0.618% retracements of the upward movement since the beginning of May 2024. In this context, we find it justifiable to take the displayed long position.Longby OchlokratUpdated 3
what could it be 2 days bounce prior non farm payroll and 10 year yield lower. i am selling it. how is jumping in it?Shortby coreinflationrateyoyUpdated 113
buying opt in silveri believe this compression will end to a sharp bullish candle good luck Arya the traderLongby Aryanouri5
Silver LongClear 4hr uptrend with 50% fib retracement. 30min counter trend channel, possible bounce to the upside off the channel and fib retracementLongby ElGore182
Unveiling the Path: Silver's Journey to $28.0Hello Traders In This Chart XAGUSD HOURLY Forex Forecast By FOREX PLANET today XAGUSD analysis 👆 🟢This Chart includes_ (XAGUSD market update) 🟢What is The Next Opportunity on XAGUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartsLongby ForexMasters20006
Paths for Silver: A, B, C, or D? These are four of the many routes silver might take after reaching 11-year highs recently. DYOR Trade Slick Longby kyleruzek1
Silver Analysis Silver broke down on Friday major key level 29.4, and closed under previous weekly low, and activated a bearish sequence with target towards 26. but wee need more confirmations, because we have 28.3/28 zone, which represents a major key level and demand zone before going bearish to far levelsShortby Hassanberjawi4
Potential bearish drop?XAG/USD is rising towards a resistance level which is a pullback resistance that aligns with the 38.2% Fibonacci retracement and could reverse from this level to our take profit. Entry: 30.06 Why we like it: There is a pullback resistance that aligns with the 38.2% Fibonacci retracement. Stop loss: 30.88 Why we like it: There is an overlap resistance level. Take profit: 28.80 Why we like it: There is a pullback support level which lines up with the 127.2% Fibonacci extension. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.Shortby VantageMarkets9
Silver 4 hour chartThis must resolve first. nothing to see until this resolves run up=>resolves #silver #spxby Badcharts4
XAGUSD POSSIBLE BUY!Price currently trades at 29.691 price may continue to increase in bullish strength as stability is expected at $29 and $31 level respectively.Longby Cartela3
Silver Idea - $100/oz by the middle of 2026It's quite simple really. If we are in a precious metals bull market, signaled by the most recent breakout in gold and silver, then this is how i expect the next few years to occur in the silver market. In order for the price to breakout higher, $30/oz is required to be broken first, then $50/oz as the gold/silver ratio breaks down below the indicated 13 year long red support line. Assuming the arc indicates an approximate timeframe, based on the pattern I'm seeing in the gold/silver ratio, by the middle of 2026 silver should be circa $100/oz. This would only require $3000/oz gold and a gold/silver ratio of 30. Longby WinstonWolfe3
SILVER XAG SHORT H4Silver is looking overbought at this point, similar to few other metals. Despite bullish momentum I believe market need to do it's thing and re-test previous multiple highs. This is 1:3 RR trade, however TP might be modified if scenario plays out. Stay tuned, good luck.Shortby kmiarkaUpdated 5
SILVER Silver is likely to push upside from 50% - 61.8% retracement to the blue box.. and can push further upside. same thing with Gold by Mntungwa8714
THE POSSIBILITY OF SILVER TO FALL TO SUPPORT LEVEL AT 26.000Price plummeted over -7.8% yesterday after the outcome of NFP was announced at better than expected. There was a huge drop In silver price. This. May future make price fall to support at 26.000 before buy activities begin again.Longby Cartela1
Silver Short Part 2I've posted some bearish ideas on silver lately with some longer term patterns that made me bearish before the recent sell off. It recovered some today, but looks like another good short opportunity to me. Here's a shorter term chart with an ascending wedge (an ugly one) and some levels. No guarantee it'll work again just because it worked for me earlier in the week, but I like the short. I think it'll fail here, my target is the $29 area or just below. I'll have to give up on the idea if it breaks out above today's high tomorrow.Shortby AdvancedPlaysUpdated 229
Unveiling the Reasons Behind Last Month's Silver Price Surge Silver, the lustrous metal often overshadowed by its golden counterpart, experienced a remarkable price surge last month. While gold continues to hold a certain allure, it's silver that's been making headlines. Let's delve deeper into the factors that propelled silver to the forefront of the precious metals market. A Tale of Two Forces: Supply and Demand The price of any commodity is a delicate balance between supply and demand. In the case of silver, both sides of the equation have played a role in the recent price hike. On the Demand Side: A Silver Lining • Industrial Applications Take Center Stage: Silver's industrial applications have been steadily growing, particularly in the green energy sector. Solar panels are a prime example, as silver is a crucial component in their conductive layers. As the world transitions towards renewable energy sources, the demand for silver is expected to rise proportionally. • A Reliable Ally in Electronics: Beyond solar, silver is a vital element in a vast array of electronic devices. From smartphones and laptops to medical equipment, its conductive properties make it irreplaceable. The ever-increasing reliance on technology further fuels the demand for silver. • Investment Haven: Investors often turn to precious metals like silver as a hedge against inflation. When traditional currencies lose purchasing power, silver's perceived value can rise, attracting investors seeking a safe haven for their assets. Supply Under Pressure: • Mining Challenges: Silver is often mined as a byproduct of other metals, primarily lead and zinc. Fluctuations in the production of these base metals can indirectly impact silver supply. Additionally, stricter environmental regulations can make silver mining more complex and expensive. • Geopolitical Uncertainty: Global political instability can disrupt supply chains, impacting the flow of silver from major mining regions. This uncertainty adds another layer of complexity to the silver market. The Perfect Storm: When Demand Outpaces Supply The confluence of these factors – rising demand from various sectors and potential constraints on supply – has created a situation where demand is outpacing supply. This imbalance is a key driver behind the recent surge in silver prices. China's Silver Appetite: A Force to Be Reckoned With China deserves a special mention in the silver story. The world's second-largest economy is a major consumer of silver, with its demand playing a significant role in influencing global prices. China's booming industrial sector and growing investment in renewable energy further amplify its impact on the silver market. Looking Ahead: A Silver Future? The future of silver prices remains uncertain. Several factors, including global economic conditions, technological advancements, and geopolitical developments, will influence its trajectory. However, the current trends suggest that silver's industrial importance and potential as an inflation hedge will continue to drive demand. Beyond the Bling: Silver's True Value While silver's shiny exterior has always held aesthetic appeal, its true value lies in its versatility. From adorning our bodies to powering our technological advancements, silver is an essential element in the modern world. The recent price surge highlights the growing recognition of this multifaceted metal. Whether silver maintains its upward climb or experiences a correction, its role in the global market is undeniable. So, the next time you see a piece of silver jewelry, remember – it's not just about aesthetics; it's a testament to the vital role this metal plays in our world. Longby bryandowningqln2
SILVER SELLThe market is currently testing the current structure which is forming a divergence on the 2HR TF. Based on price action , the market is forming a reversal chart pattern on the 2HR TF. We could see sellers coming in strong should the current level hold at the 0.7 FIB Level Disclaimer: Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account. High-Risk Warning Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.Shortby WiLLProsperForexUpdated 0